Resourceful Automobile SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Resourceful Automobile IPO. Explore Resourceful Automobile IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Resourceful Automobile Limited, originally incorporated as Resourceful Automobile Private Limited in 2018, specializes in the dealership of Yamaha two-wheelers under the brand name "Sawhney Automobile." The company offers a comprehensive range of motorcycles and scooters, providing customers with access to the latest models, authentic spare parts, and expert service. Led by a team of experienced promoters, the company is committed to fostering a vibrant rider community while maintaining industry standards and environmental responsibility.
Key Points:
- Business: Authorized Yamaha two-wheeler dealership operating under the showroom name "Sawhney Automobile." Specializes in sales, servicing, and genuine spare parts for motorcycles and scooters.
- Product Range: Offers a wide selection of commuter bikes, sport bikes, cruisers, and scooters, catering to diverse customer needs.
- Customer Support: Provides expert guidance, test rides, and financing options, ensuring an enhanced buying experience. Also offers advanced servicing and repair solutions through a skilled team of technicians.
- Community Engagement: Actively engages with the riding community through events, group rides, and sponsorships to foster customer relationships and brand loyalty.
- Digital Presence: Maintains a user-friendly online platform for product information, promotions, and customer inquiries.
- Vision and Mission: Dedicated to setting industry standards, fostering a vibrant rider community, and offering high-quality products and services that align with the spirit of exploration and freedom.
Objects of the Issue
- To Carry on Expansion of the company by opening of new showrooms in Delhi/ NCR;
- Repayment of Debt
- To Meet Incremental Working Capital Requirements
- General Corporate Purpose
- To meet Public Issue Expenses
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 22 Aug - 26 Aug 2024 |
| IPO Price Band | ₹ 117 per share |
| Fresh Issue | 10,24,800 shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 11.99 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 22 Aug 2024 |
| IPO Closing Date | 26 Aug 2024 |
| Basis Of Allotment | 27 Aug 2024 |
| Refunds | 28 Aug 2024 |
| Demat Transfer | 28 Aug 2024 |
| IPO Listing Date | 29 Aug 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Feb 2024 |
|---|---|---|---|---|
| Total Income | 11.27 | 12.50 | 19.38 | 17.24 |
| Total Expenses | 11.26 | 12.11 | 18.78 | 15.19 |
| Net Profit/Loss | 0.002 | 0.29 | 0.42 | 1.52 |
| NPM (*) | 0.01 | 2.33 | 2.20 | 9.21 |
| Total Assets | 4.29 | 10.09 | 10.00 | 14.51 |
| Total Liabilities | 3.83 | 9.34 | 8.37 | 11.36 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Feb 2024 |
|---|---|---|---|---|
| EPS | 0.03 | 5.75 | 4.27 | 9.33 |
| ROE (%) | 0.35 | 38.42 | 25.37 | 48.21 |
| ROCE (%) | 9.43 | 13.04 | 16.07 | 31.22 |
| D/E Ratio | 5.86 | 9.01 | 4.57 | 3.14 |
| Current Ratio | 1.44 | 2.35 | 5.68 | 2.80 |
| EBITDA MARGIN (%) | 3.28 | 7.36 | 7.84 | 18.24 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 315.61 |
| Retail Individual Investor (RII) | 496.22 |
| Total | 418.82 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Cameo Corporate Services Limited
Phone: +91 - 44 – 40020700
Email: investor@cameodina.com
Website: www.cameoindia.com
Company Promoters
- MR. RAHUL SAWHNEY
- MRS. MEGHA CHAWLA
- MRS. BINDU SAWHNEY
Lead Managers
- SWASTIKA INVESTMART LIMITED
Company Address
Resourceful Automobile Limited
K-24, Upper Ground, KH No. 107/10 Main Road, Raja puri, West Delhi, New Delhi – 110059
Phone: +91 97737 84969
Email: cs@sawhneyauto.com
Website: www.sawhneyauto.com
FAQs
- What is the issue size of the Resourceful Automobile SME IPO?The Resourceful Automobile SME IPO has an issue size of Approx ₹ 11.99 crore. This includes a fresh issue of 10,24,800 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Resourceful Automobile IPO?The price band for the Resourceful Automobile IPO is ₹ 117 per share.
- What are the bidding dates for the Resourceful Automobile IPO?The Resourceful Automobile IPO will open for bidding on 22 Aug 2024 and close on 26 Aug 2024.
- What is the allotment date for the Resourceful Automobile IPO?The allotment date for the Resourceful Automobile IPO is 27 Aug 2024.
- What is the listing date for the Resourceful Automobile IPO?The listing date for the Resourceful Automobile IPO is 29 Aug 2024.
- What is the Resourceful Automobile IPO grey market premium?The grey market premium (GMP) for the Resourceful Automobile IPO is currently at ₹105, with an expected listing gain of approximately 89.74%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.